Joker_Smile
2022-03-17

Have Chinese stocks already bottomed? Why, or why not? 




I feel that Chinese stocks have already bottomed. From what the Chinese Authorities have mentioned, they vow to ensure stability in capital markets, support overseas stock listings, resolve risks around property developers and complete the crackdown on Big Tech asap. That was the strongest conviction.




It could be a short squeeze created by buyers, but the chinese government faced pressure to bolster their economy.


Internal factors like yet-to-complete crackdown on BigTech Chinese Companies and DiDi's brush with authority. External factors such as China's stance in Russia-Ukraine conflict also may signify the potential short-live of a revival. However, all negative matters were to resolve, only subject to matter of time. 


I look to the positive statement from the Chinese authorities and see it as a start of many good news from them, as they rebuild their economy and make them a force to reckon with.


@TigerStars 

@CaptainTiger

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Comments

  • MR_Wu
    2022-03-17
    MR_Wu
    It is not ruled out that this is just a rebound, we need to wait and see for a while.
    • MR_WuReplyJoker_Smile: 
      Be ready to sell if things go wrong.
    • Joker_SmileReplyMR_Wu: 
      yeah. has to be. [Grin]
    • Joker_Smile: 
      i agree with you. yesterday could be just an one-time off thingy. got to keep an close look for this week.
  • ElvisMarner
    2022-03-17
    ElvisMarner
    Today's sharp rise in Chinese concept stocks will blow out short positions.
  • Maria_yy
    2022-03-17
    Maria_yy
    很多公司的基本面还是稳健的，之前的下跌是错的。
    • Maria_yyReplyJoker_Smile: 
      政府昨天的声明给了许多投资者信心。他们似乎仍然关心金融市场。
    • Joker_SmileReplyMaria_yy: 
      也许是在这么长时间后重新树立投资者信心和提振经济的压力下。但不是这样，它会持续多久。
    • Joker_Smile: 
      的确如此。政府在他们不公正的行为中起了很大的作用下降
  • LeeTed
    2022-03-17
    LeeTed
    This is a great lesson to learn. I am so happyyyy to see the rise.
    • Joker_Smile: 
      everyone would love to see the rise. unless they short them. [Grin]
  • MortimerDodd
    2022-03-17
    MortimerDodd
    Positive feedback from financial markets has already begun.
    • Joker_Smile: 
      yes. yesterday they made an announcement and all the chinese adr suddenly boom.
  • cheezzy
    2022-03-17
    cheezzy
    I think it has reached the bottom, but there will be a callback later. I hope it can stabilize.
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